Iranian armed forces have closed the Strait of Hormuz, one of the world's most critical oil shipping routes, according to Al Jazeera. The move comes in response to Israeli military operations in Lebanon. The Strait handles roughly a fifth of global petroleum trade, making any disruption significant for international energy markets and economies worldwide. The escalation marks a major intensification in Middle East tensions, with potential ripple effects on oil prices and global supply chains. The situation remains fluid, and its implications for international shipping and energy security are still developing.

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